Tuesday, March 12, 2013

NIFTY BULL OR BEAR

NIFTY BULL
NIFTY BEAR



As i thought before Nifty should make H&S pattern near 5600 but seems it is not that. so at this levels i think Nifty will make Inverse H&S pattern if it happens then we will see again 6100 levels very soon but after breakdown below strong trend line indicates 6100 will give very good resistance as well as double top also. so i feel price will fall after touching 6100 levels to 5600 levels again . After that price will decide which way to go.

1st we have to see---- This is INVERSE H&S pattern or not